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Anwar Group of Industries

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Anwar Group of Industries
Company typePrivate
IndustryConglomerate
Founded1834
HeadquartersFloor 13, Baitul Hossain Building, 27 Dilkusha, Motijheel C/A, Dhaka 1000,
Dhaka
,
Bangladesh
Key people
Anwar Hossain (Group Chairman), Manwar Hossain (Managing Director)[1]
ProductsConsumer goods, real estate, cement, textiles, steel, automotive<[2]
RevenueIncreaseUS$400 million (2019)
Number of employees
14,000[2] (2021)
Websitewww.anwargroup.com

Anwar Group of Industries is a Bangladeshi conglomerate. It consists of 18 subsidiaries that are servicing consumer goods, steels, cement, textile, finance and automotive industry.[2] Manwar Hossain is the Chairman of Anwar Group.[3]

History

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Anwar Group started as a hides and skins business in 1834,[4] founded by Lakku Mia, an entrepreneur in British India.[4][5] Hossain Akhtar was the first chairman of the group.[6]

In 1985, Anwar Galvanizing Limited started production of galvanized iron fittings, becoming the first company to make them in Bangladesh.[7]

In June 2009, AG Automobiles became the official partner of Ford Motor Company in Bangladesh and launched the first Ford showroom in Uttara.[8]

In 2015, Anwar Cement announced plans to more than double the sales of cement sheets from 1 billion BDT to 2.5 billion BDT.[9]

On 11 April 2021, Bd Finance of Anwar Group signed an agreement with Sovereign Infrastructure Group at the Bangladesh Embassy to the United States.[10] Anwar Galvanizing announced plans to double their production through investing 270 BDT in the project.[11]

Anwar Hossain was the chairman of the group.[12] After his death on 17 August 2021,[13] his son, Manwar Hossain, replaced him as chairman of Anwar Group on 14 September 2021.[14] He had been the managing director of the company before the death of his father.[15] In December 2021, Toledo Motors Limited became the official partner of Jeep in Bangladesh and launched their showroom in Uttara.[16]

List of companies

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Consumer goods

  • A1 Polymer Ltd.[17]
  • Anwar Galvanizing Ltd.[18]
  • Jute Spinning Mills Ltd/ Anwar Jute Division.[19]
  • Athena’s Furniture & Home décor[20]

Cement

  • Anwar Cement Ltd.[21]
  • Anwar Cement Sheet Ltd.[22]

Textile

  • Anwar Textile Ltd.[23]
  • Mahmud Industries Private Ltd.[24]
  • Anwar Silk Mills Ltd.[25]
  • Hossain Dyeing & Printing Mills Ltd.[26]

Steel

  • Anwar Ispat Ltd.[27]

Real estate

Finance

Automobile

  • AG Automobiles Ltd. (AG Auto)[36]
  • Toledo Motors Ltd (authorized distributor of Jeep in Bangladesh)[37]

See also

[edit]

References

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  1. ^ "Leadership". Anwar Group. Archived from the original on 2021-06-13. Retrieved 2021-05-02.
  2. ^ a b c "Anwar Hossain departs but his fame lives on: The founder of Anwar Group of Industries established 18 companies". The Daily Star. 2021-08-19. Retrieved 2021-08-21.
  3. ^ "Manwar Hossain elected Anwar Group Chairman". The Business Standard. 2021-09-14. Retrieved 2022-01-31.
  4. ^ a b "Building the future with Anwar Group, in construction and real estate". The Daily Star. 2015-09-17. Retrieved 2021-05-02.
  5. ^ Chowdhury, Sarwar A. (2016-12-18). "Better days ahead for the construction sector". The Daily Star. Retrieved 2022-01-31.
  6. ^ "Hossain Akhtar elected as chairman of City General Insurance Company Limited". The Business Standard. 2021-11-01. Retrieved 2022-01-31.
  7. ^ "Anwar Galvanizing to expand business investing Tk27cr". The Business Standard. 2021-08-18. Retrieved 2022-01-31.
  8. ^ Khan, Jasim Uddin (2010-03-03). "Ford strikes a chord with Bangladesh market". The Daily Star. Retrieved 2022-01-31.
  9. ^ "Anwar Group aims to double cement sheet sales". The Daily Star. 2015-02-15. Retrieved 2022-01-31.
  10. ^ Chakma, Jagaran (2021-04-11). "BD Finance eyes $2b US investment". The Daily Star. Retrieved 2022-01-31.
  11. ^ "Anwar Galvanizing to double production capacity". The Daily Star. 2021-08-18. Retrieved 2022-01-31.
  12. ^ "Message from Chairman – Anwar Group". www.anwargroup.com. Retrieved 2022-01-31.
  13. ^ "Anwar Group Founder, Chairman Anwar Hossain passes away". Dhaka Tribune. 2021-08-18. Retrieved 2022-01-31.
  14. ^ "Manwar Hossain, new chairman of Anwar Group of Industries". The Daily Star. 2021-09-14. Retrieved 2022-01-31.
  15. ^ Chakma, Jagaran; Mirdha, Refayet Ullah (2020-11-16). "Industries vexed at no-gas plan outside economic zones". The Daily Star. Retrieved 2022-01-31.
  16. ^ "Jeep starts its Bangladesh journey". The Daily Star. 2021-12-26. Retrieved 2022-01-31.
  17. ^ "A1 Polymer Ltd". Anwar Group. Retrieved 2022-01-31.
  18. ^ "Anwar Galvanizing Ltd". Anwar Group. Retrieved 2022-01-31.
  19. ^ "Anwar Jute Division". Anwar Group. Retrieved 2022-01-31.
  20. ^ "Athena's Furniture". Anwar Group. Retrieved 2022-01-31.
  21. ^ "Anwar Cement Division". Anwar Group. Retrieved 2022-01-31.
  22. ^ "Anwar Cement Sheet Ltd". Anwar Group. Retrieved 2022-01-31.
  23. ^ "Anwar Textile Ltd". Anwar Group. Retrieved 2022-01-31.
  24. ^ "Mehmud Industries (Pvt.) Ltd". Anwar Group. Retrieved 2022-01-31.
  25. ^ "Anwar Silk Mills Ltd". Anwar Group. Retrieved 2022-01-31.
  26. ^ "Hossain Dyeing & Printing Mills Ltd". Anwar Group. Retrieved 2022-01-31.
  27. ^ "Anwar Ispat Ltd". Anwar Group. Retrieved 2022-01-31.
  28. ^ "Anwar Landmark". Anwar Group. Retrieved 2022-01-31.
  29. ^ Akanda Muhammad Jahid (2021-06-01). "Cut construction cost to save real estate industry". The Daily Star. Retrieved 2022-01-31.
  30. ^ "Anwar Infrastructure Ltd". Anwar Group. Retrieved 2022-01-31.
  31. ^ "The City General Insurance Co. Ltd". Anwar Group. Retrieved 2022-01-31.
  32. ^ "Bangladesh Finance And Investment Company Limited". Anwar Group. Retrieved 2022-01-31.
  33. ^ "BD Capital". Anwar Group. Retrieved 2022-01-31.
  34. ^ "BD Securities". Anwar Group. Retrieved 2022-01-31.
  35. ^ "The City General Insurance Co. Ltd". wAnwar Group. Retrieved 2022-01-31.
  36. ^ "AG Automobile". Anwar Group. Retrieved 2022-01-31.
  37. ^ Chakma, Jagaran (2021-12-30). "Luxury car sales in fast lane". The Daily Star. Retrieved 2022-01-31.
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